Suncrest Bank Presentation Now Available for On-Demand Viewing

VISALIA, Calif., Feb. 12, 2018

VISALIA, Calif., Feb. 12, 2018 /PRNewswire/ Suncrest Bank (OTCQX: SBKK), based in California, focused on banking, today announced that the February 8 presentation from President/CEO, Mr. Ciaran McMullan, is now available for on-demand viewing at VirtualInvestorConferences.com.

LINK:  https://tinyurl.com/0218postpr 

Suncrest Bank's presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the "virtual trade booth" for the next three weeks.

Recent Company Highlights

• Record net income for 2017 of $4.7 million⁽¹⁾, up 170.4% over the prior year
• Diluted full year EPS of $0.65⁽¹⁾, up 91.2% over the prior year
• Return on average assets of 0.96%⁽¹⁾ compared to 0.54% for the prior year
• Return on average equity of 7.85 %⁽¹⁾ compared to 4.19% for the prior year
• Efficiency Ratio of 59.32% compared to 76.66% for the prior year
• Organic growth in total assets of $81.3 million or 18.2% over the prior year
• Organic growth in total deposits of $77.9 million, or 20.0% over the prior year
• Organic growth in total non-maturity deposits⁽²⁾ of $93.0 million, or 30.5% over the prior year
• Organic growth in total loans of $45.9 million, or 14.9% over the prior year
• New loan originations⁽³⁾ of over $110 million with average commitment size of approximately $600,000
• Merger with Community Business Bank is expected to close in the second quarter of 2018 and is subject to the customary closing conditions

(1) Excludes one-time impact of tax expense associated with the "Tax Act"
(2) Non-interest bearing demand, NOW, Savings and Money Market
(3) Includes unfunded commitments